Dive Summary:

• After President Barack Obama laid out a highly-anticipated plan for significantly cutting greenhouse-gas emissions Tuesday, coal-burning utilities are reacting with a mix of caution, optimism, and criticism.
• American Electric Power (AEP), the Ohio-based utility and power plant owner, wants the Obama administration to take a "balanced approach" to cutting emissions that includes “maximum flexibility” with the Clean Air Act. In other words, AEP hopes to use a full portfolio of activities, including clean coal technologies, energy efficiency, and transmission investment to thwart emissions, not just the shuttering of coal plants.
• Luminant, a coal power-plant operator in Texas, doesn’t want to be the only sector singled-out for aggressive regulation. “…we want to see a policy that's broad and that would cover all sectors, not just the power sector and especially not just coal generators,” said Brad Watson, a spokesman for Luminant.

From the article:
“The White House didn't immediately provide details of an emissions-reduction plan. U.S. power companies have been expecting proposed regulations from the U.S. Environmental Protection Agency that would limit carbon-dioxide emissions from power plants, although it has been unclear what, exactly, the agency would propose.”